According to the public record, Flat 17, Elmwood Court, Birmingham is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Elmwood Court, Pershore Road, Birmingham, B5.
Pershore Road, Birmingham, B5 is located in the borough of Birmingham within the B5 postal district.
Flat 17, Elmwood Court, Birmingham has a single entry in the Land Registry database from February 2011 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 17 Elmwood Court Birmingham as £91,797 and the rental value as £539 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 17 Elmwood Court Birmingham has increased by £1,984 (2.2%) and its rental value has increased by £4 per month (0.7%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 17, Elmwood Court, Birmingham is in very good condition we estimate a sale value of £96,387 and rental value of £566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,371 and a rental value of £501 per month.
If you were able to purchase this property for the estimated value of £91,797, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £451 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 17, Elmwood Court, Birmingham was last sold on 25 Feb 2011 for £62,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2011, the market for similar properties has risen 33.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 17, Elmwood Court, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is Flat 43, Elmwood Court, Pershore Road, Birmingham, B5 7PE, a Leasehold flat which sold for £95,000 in Feb 2023.
Read more about house prices in B5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pershore Road, Birmingham, B5 has a total of 308 addresses. According to our analysis of all the public data, Flat 17, Elmwood Court, Birmingham is the 295th largest and the 210th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in B5.
Flat 17, Elmwood Court, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 17, Elmwood Court, Birmingham is Five Ways station which is 1.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 17, Elmwood Court, Birmingham, 45.0% of property is privately rented and 27.5% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 17, Elmwood Court, Birmingham, 27.1% of residents are recorded as possessing school level qualifications and 44.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 17, Elmwood Court, Birmingham, the average age was 37.6 and the most common age was 22.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 17, Elmwood Court, Birmingham, 0.4% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 17, Elmwood Court, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.